It’s Super Bowl 54 on Sunday night and 10Bet are getting in on the action! Simply opt-in and place a £30.00+ pre-match bet on San Francisco 49ers @ Kansas City Chiefs and 10Bet will give us a £2.00 free bet for every touchdown scored. Translated into matched betting terms, this gives us a potential profit of £11.26 and here’s how…
Key Terms:
- We must opt-in on the promotion page to be eligible.
- Qualifying bets must be placed between 00:01 and 23:30 (kick-off) on Sunday 2nd February 2020.
- The minimum stake to qualify is £30.00.
- We must place our bet at odds of 1.80 (4/5) or greater.
Qualifying Bet:
If you’re unfamiliar with qualifying bets, please see my Qualifying Bet Strategy page for a walk-through guide on how they should be done.
It’s entirely up to you what you place your qualifying bet on. Having looked at the odds available, we could place our qualifying bet on Kansas City Chiefs in the Winner FT market.
At the time of writing, laying our bet at Smarkets gives us the smallest qualifying loss.
Smarkets are currently offering £10.00 risk-free every week to both new and existing customers…
We can calculate our lay stakes using my matched betting calculator…
As you can see, the calculator tells us that our lay stake should be £29.03…
Place £30.00 on Kansas City Chiefs @ 1.80 = Potential profit of £24.00
Lay £29.03 on Kansas City Chiefs @ 1.88 = Potential liability of £25.54
Outcomes:
Let’s have a look at our potential profit/loss for the possible outcomes…
| Outcome | Bookie | Exchange | Profit/Loss |
|---|---|---|---|
| Kansas City Chiefs win | +£24.00 | -£25.54 | £1.54 loss |
| Kansas City Chiefs don’t win | -£30.00 | +£28.44 | £1.56 loss |
So, regardless of the outcome, we’ll lose a maximum of £1.56 in qualifying for our potential free bet.
Free Bet:
The amount of our free bet will be £2.00 multiplied by the number of touchdowns scored and will be credited 24 hours after settlement of our qualifying bet. Free bets will be valid for 7 days and free bet stakes will not be included with any returns.
By using straightforward matched betting, we should be able to extract 80% cash from any free bet.
Therefore, if there are 8 touchdowns, we’ll receive a £16.00 free bet, from which we can extract £12.80 cash. If we take into account our minimum qualifying loss of £1.54, this gives us a potential profit of £11.26 on this 10Bet offer!
* Kansas City Chiefs won the Super Bowl 31-20 and there were 6 touchdowns, resulting in a profit of £8.06 on this 10Bet offer. *
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Matt Kirman – Matched Betting Blogger
Since 2014, I’ve blogged over £100,000 worth of profit, and made it my mission to make matched betting accessible to everyone.